Al Haj FAW Increases Car Prices by Rs. 85,000

Following the devaluation of the Pakistani rupee recently, the country’s automakers have once more started increasing the prices of their offerings. The latest carmaker to follow this trend is Al-Haj FAW.

FAW has increased prices on its product line by up to Rs 85,000.

The company issued a circular in this regard earlier today, citing the rupee’s weaker position against the dollar as the primary reason behind its price hike. Furthermore, FAW informs it dealers that the company may raise prices further, depending on its sales figures as well as any increase in exchange rate.

Here is the list of products from Al-Haj FAW which have been subjected to the price hike:

VehicleOld PricesNew PricesDifference
FAW Carrier Deck-lessPKR 849,000PKR 919,000PKR 70,000
FAW Carrier FlatbedPKR 859,000PKR 929,000PKR 70,000
FAW Carrier StandardPKR 869,000PKR 939,000PKR 70,000
FAW X-PV StandardPKR 974,000PKR 1,034,000PKR 60,000
FAW X-PV Dual A/CPKR 1,024,000PKR 1,094,000PKR 70,000
FAW X-PV PE (Power Edition)N/APKR 1,119,000N/A
FAW V2PKR 1,204,000PKR 1,289,000PKR 85,000

 

The company says that the revised prices will be applicable from 1st November 2018.


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It should be mentioned that Suzuki, Indus Motors, Honda Pakistan have also increased prices for their cars in recent days, with some warning of a further price increase due to the uncertain economic conditions in the country. Local bike makers have also followed suit, with Honda Atlas and others increasing prices from next month effectively.



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